Details of 54 EC Capital Gains Bonds of NHAI for the year 2014-15

Credit Rating

“IND AAA/Assigned” by India Ratings & Research and   ICRA AAA/Stable” by ICRA Ltd.

Face Value

Rs. 10000/- per Bond

Issue price

Rs. 10000/- per Bond

Minimum application size

One Bond of Rs. 10,000/- 

Maximum application size

Five Hundred Bonds of Rs.10,000/- each (Rs.50,00,000) subject to fulfillment of other conditions as specified in Income Tax Act

Size of the Issue

Rs.4,000 Crore

Mode of Subscription

100% on application

Deemed Date of Allotment

Last day of the month during which the application amount has been cleared and credited to NHAI’s collection account

Transferability

The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance

Maturity

At par, 3 years from Deemed Date of Allotment

Interest payment

Annually On 1st April and Final Interest at the time of Maturity

Coupon rate

6.00%  payable annually.

Redemption

Bullet, at the time of Maturity i.e. 3 years 

Trustee

Syndicate Bank
6, Bhagwan Das Road
New Delhi-110001


Closure of Issue

The issue is open on-Tap Basis and closes on March 31, 2015 at the close of the banking hours or on achieving of ceiling limit of Rs.4,000 Crore without any further notice or at a date as may be decided by NHAI at its absolute discretion

For detailed prospectus, please Click here and for any further information, please contact  Sh. S.K.Chauhan,   Manager (F&A) at skchauhan@nhai.org or at Ph. No.011- 25074100-200 Extn. 2479, (Tele-Fax)  25093517 . 

The Applicants can download application  forms from this website and deposit completed forms to the designated bank branches. The bank branches will allot the required application form number and will accept the application. For application form , please Click here

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